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Post Reply Most millionaires don't feel rich
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24 / M / USA
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Posted 1/2/16
This was a good piece that explains why people with net worths of $1M or more don't feel rich, even though they're in the top 10% of all households. The main reasons:

--They compare themselves to people with even more and forget about the people with less. (Human nature. Everyone does this).

--More than 3/4 made it themsleves (i.e. did not inherit) and most came from middle class or poorer backgrounds.

--They want to avoid the "wealthy" label because of cultural hostility toward the rich.

http://finance.yahoo.com/news/most-millionaires-theyre-middle-class-140000146.html
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13 / F / California
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Posted 1/2/16
God damn I thought I was in a time machine for a second, reading halfway down the story and seeing this:


Hillary Clinton is the favorite U.S. presidential candidate among millionaire voters and would win a head-to-head contest with former Florida Governor Jeb Bush.


Posted 1/2/16
Living in a good neighborhood does that to you.
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Posted 1/2/16
Don't forget that the way house prices have risen a lot of average suburban houses and city house now cost over a million. You could be asset rich but not that wealthy due to not having much disposable income.
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24 / M / USA
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Posted 1/2/16
Inflation.

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24 / M / USA
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Posted 1/2/16

PrinceJudar wrote:

Inflation.



Posted 1/2/16
I'm exactly on the poverty line, meaning, I'm not in poverty, and I consider myself rich, lol.
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22 / M / Fraxinus
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Posted 1/2/16
Talk about first world fucking problems...
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24 / M
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Posted 1/2/16 , edited 1/2/16
If they forgot the feeling of struggling to make ends meet with around 10k-30k a year.

Then they are terribly mistaken if they think they are anything like the those who have less to spend.
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Posted 1/2/16
They should try living our lives...
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18 / F
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Posted 1/2/16
Many millionaires want to be billionaires, most billionaires want to be multi-billionaires. What do most multi-billionaires want?
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Posted 1/2/16

HughJack wrote:

Many millionaires want to be billionaires, most billionaires want to be multi-billionaires. What do most multi-billionaires want?


More money. Avarice is a black pit that never ends. Once you fall in, you never get out.
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20 / M / Bundaberg, Queens...
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Posted 1/2/16 , edited 1/2/16

aoyagi10 wrote:


HughJack wrote:

Many millionaires want to be billionaires, most billionaires want to be multi-billionaires. What do most multi-billionaires want?


More money. Avarice is a black pit that never ends. Once you fall in, you never get out.


man i would be happy with enough to buy me a chance at biological immortality and videogames.
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40 / M / USA
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Posted 1/2/16 , edited 1/2/16

Frenzify wrote:

Talk about first world fucking problems...


The struggle!
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